Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.84% against the USD and closed at USD49.17, after the American Petroleum Institute (API) reported that US crude oil inventories unexpectedly fell by 7.6 million barrels to … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.63% against the USD and closed at USD48.76 per barrel, after Iranian President, Hassan Rouhani, urged other oil producers to join OPEC to stabilise oil market. In … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.42% against the USD and closed at USD47.99 per barrel on Friday. Separately, the Baker Hughes reported that the number of active oil rigs in the US … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.38% against the USD and closed at USD47.79 per barrel, after the plan of Organization of the Petroleum Exporting Countries (OPEC) to scale back production lifted investor … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil jumped 5.01% against the USD and closed at USD47.14 per barrel, after the Organization of the Petroleum Exporting Countries (OPEC) reached an agreement to limit crude production at … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 1.77% against the USD and closed at USD44.89 per barrel, after two of the world’s largest oil producers, Iran and Saudi Arabia, downplayed expectations for a deal … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.8% against the USD and closed at USD45.70 per barrel, mounting speculation that major crude oil producers could forge an agreement to freeze their output. In the … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 2.66% against the USD and closed at USD44.71 per barrel on Friday, after Saudi Arabia and Iran, two of the world’s largest oil producers, offered little signs … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 0.81% against the USD and closed at USD45.93 per barrel, extending its previous session gains. Meanwhile, investors remain cautious ahead of next week’s meeting between major oil … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil rose 1.61% against the USD and closed at USD45.56 per barrel, extending its previous session gains, after the Energy Information Administration (EIA) reported that US crude oil inventories … Continue reading →

Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil surged 3.68% against the USD and closed at USD44.84 per barrel, after the American Petroleum Institute (API) reported a substantial draw of 7.5 million barrels in the US … Continue reading →